GLOBAL FERRO-SILICON WRAP: Chinese market climbs again on tighter raw material supplies; US suppliers cut offers to attract spot buying

摘要

Raw material tightness due to environmental checks has againpushed up ferro-silicon prices in China. Consequently, ferro-siliconsmelters are struggling to buy enough raw materials to produce alloy.Silica miners in the country have been forced to suspendproduction because of environmental checks, which is set to last forseveral weeks, sources said.Metal Bulletin’s domestic spot ferro-silicon price basis 75% siliconincreased to 6,600-6,900 yuan ($999-1,044) per tonne on FridayNovember 3, up 100 yuan per tonne in a week and 10% higher thanin early October.